Gara Afonso

Gara Afonso

Head of Banking Studies
Banking Studies
Federal Reserve Bank of New York
33 Liberty Street
New York, NY 10045

gara.afonso@ny.frb.org

   

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Dropping Like a Stone: ON RRP Take-up in the Second Half of 2023
With Marco Cipriani and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, December 19, 2023

Treasury Bill Supply and ON RRP Investment
With Marco Cipriani, Catherine Huang, Gabriele La Spada, and Sergio Olivas
Federal Reserve Bank of New York Liberty Street Economics, November 29, 2023

Who’s Borrowing and Lending in the Fed Funds Market Today?
With Gonzalo Cisternas, Brian Gowen, Jason Miu, and Josh Younger
Federal Reserve Bank of New York Liberty Street Economics, October 10, 2023

The Federal Reserve’s Two Key Rates: Similar but Not the Same?
With Marco Cipriani, Gabriele La Spada, and Peter Prastakos
Federal Reserve Bank of New York Liberty Street Economics, August 14, 2023

Banks’ Balance-Sheet Costs and ON RRP Investment
With Marco Cipriani, Catherine Huang, and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, May 18, 2023

Monetary Policy Transmission and the Size of the Money Market Fund Industry: An Update
With Marco Cipriani, Catherine Huang, Abduelwahab Hussein, and Gabriele La Spada
Federal Reserve Bank of New York Liberty Street Economics, April 03, 2023

Measuring the Ampleness of Reserves
With Gabriele La Spada and John C. Williams
Federal Reserve Bank of New York Liberty Street Economics, October 05, 2022

The Fed's Latest Tool: A Standing Repo Facility
With Lorie Logan, Antoine Martin, Will Riordan, and Patricia Zobel
Federal Reserve Bank of New York Liberty Street Economics, January 13, 2022

How the Fed Adjusts the Fed Funds Rate within Its Target Range
With Lorie Logan, Antoine Martin, Will Riordan, and Patricia Zobel
Federal Reserve Bank of New York Liberty Street Economics, January 12, 2022

How the Fed's Overnight Reverse Repo Facility Works
With Lorie Logan, Antoine Martin, Will Riordan, and Patricia Zobel
Federal Reserve Bank of New York Liberty Street Economics, January 11, 2022

How the Federal Reserve's Monetary Policy Implementation Framework Has Evolved
With Lorie Logan, Antoine Martin, Will Riordan, and Patricia Zobel
Federal Reserve Bank of New York Liberty Street Economics, January 10, 2022

How Bank Reserves Are Distributed Matters. How You Measure Distribution Matters Too.
With Marco Cipriani, Steph Clampitt, Haitham Jendoubi, Gabriele La Spada, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, November 24, 2020

A New Reserves Regime? COVID-19 and the Federal Reserve Balance Sheet
With Marco Cipriani, Gabriele La Spada, and Will Riordan
Federal Reserve Bank of New York Liberty Street Economics, July 07, 2020

From Policy Rates to Market Rates—Untangling the U.S. Dollar Funding Market
With Fabiola Ravazzolo and Alessandro Zori
Federal Reserve Bank of New York Liberty Street Economics, July 08, 2019

Understanding Cyber Risk: Lessons from a Recent Fed Workshop
With Filippo Curti, Ping McLemore, and Atanas Mihov
Federal Reserve Bank of New York Liberty Street Economics, May 17, 2019

Coming to Terms with Operational Risk
With Filippo Curti and Atanas Mihov
Federal Reserve Bank of New York Liberty Street Economics, January 07, 2019

Size Is Not All: Distribution of Bank Reserves and Fed Funds Dynamics
With Roc Armenter and Benjamin Lester
Federal Reserve Bank of New York Liberty Street Economics, July 11, 2018

Did the Dodd-Frank Act End ‘Too Big to Fail’?
With Michael Blank and João A.C. Santos
Federal Reserve Bank of New York Liberty Street Economics, March 05, 2018

Mission Almost Impossible: Developing a Simple Measure of Pass-through Efficiency
With Adam Biesenbach and Thomas M. Eisenbach
Federal Reserve Bank of New York Liberty Street Economics, November 06, 2017

How Have High Reserves and New Policy Tools Reshaped the Fed Funds Market?
With Sam Stern
Federal Reserve Bank of New York Liberty Street Economics, July 11, 2016

What Do Bond Markets Think about “Too-Big-to-Fail” Since Dodd-Frank?
With João A.C. Santos
Federal Reserve Bank of New York Liberty Street Economics, July 01, 2015

What Do Rating Agencies Think about “Too-Big-to-Fail” Since Dodd-Frank?
With João A.C. Santos
Federal Reserve Bank of New York Liberty Street Economics, June 29, 2015

Do “Too-Big-to-Fail” Banks Take On More Risk?
With João A.C. Santos and James Traina
Federal Reserve Bank of New York Liberty Street Economics, March 26, 2014

Who’s Borrowing in the Fed Funds Market?
With Alex Entz and Eric LeSueur
Federal Reserve Bank of New York Liberty Street Economics, December 09, 2013

Who’s Lending in the Fed Funds Market?
With Alex Entz and Eric LeSueur
Federal Reserve Bank of New York Liberty Street Economics, December 02, 2013

Why (or Why Not) Keep Paying Interest on Excess Reserves?
Federal Reserve Bank of New York Liberty Street Economics, December 03, 2012

When Do Trading Frictions Increase Liquidity?
Federal Reserve Bank of New York Liberty Street Economics, December 19, 2011

Just Released: Money and Payments Workshop Examines Repo Market Reform
With Antoine Martin
Federal Reserve Bank of New York Liberty Street Economics, October 18, 2011


Gara Afonso's CVPDF The views expressed in the papers listed on this page are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.
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